Results tagged “wtctransithub”

The Port Authority released its letter and report to Governor David Paterson about progress at the World Trade Center site. The NY-NJ agency was given control of the site two years ago, but building at the site has been stymied by delays given the complexity and cost of the project.

The Federal Trade Administration's head emphasized the alarm over the cost of building the World Trade Center transit hub. James Simpson said, "if the project is as advertised today, it's in the $3 billion." He added that the FTA is "holding the Port Authority's feet to the fire" to make sure the FTA's $1.9 billion grant for the project is spent wisely.

          

Of course: Because of budget concerns that could be hundreds of millions in overruns, the Port Authority is looking at ways to save money on the World Trade Center transportation hub design. But while the NY Times initially frightens those of you (and us, frankly) who have fallen in love with Santiago Calatrava's design with the words "the Port Authority has begun preparing plans for a more modest alternative," there is this:

In no case, [PA executive director Anthoy Shorris] said, would the hub lose its aboveground aesthetic signature: an elliptical, ribbed, winged structure that Mr. Calatrava has likened to a bird taking flight: a potent symbol of rebirth at the site of the terrorist attack of Sept. 11, 2001.

Continue reading "Inflation Worries Hit World Trade Center Transit Hub "